Alphaliner: Total Volume at World’s Busiest Ports Rises in 2017

04 Apr 2018 11:10 AM | Anonymous

Original news was published 04 April, 2018

Combined throughput at the world’s 110 busiest container ports increased by 6.1% in 2017, driven by a recovery witnessed in global economy and trade during the year.

According to a report from Alphaliner, the 110 busiest container ports in the world handled 600 million TEU in 2017, up from 565 million TEU reported in 2016.

Out of these, only twelve ports recorded lower volumes during the year, while the remaining 98 ports saw volume gains.

The top ten ports remained in the same rankings, although growth at the individual ports was varied at between 1.6% and 14.1%.

Shanghai extended its lead at the top with a volume of 40.2 million TEU in 2017, up by 8.3% from 37.1 million TEU reported a year earlier. Singapore was in the second place with 33.6 million TEU, up by 8.9%, while Shenzhen took the third place with 25.2 million TEU, rising by 5.1% from a year earlier.

Of the ten busiest ports, the fourth-ranked Ningbo witnessed the largest increase in volumes, which surged by 14.1% to 24.6 million TEU, Alphaliner informed. In the fifth place, Hong Kong managed to reverse two consecutive years of losses in 2015 and 2016 with a 4.8% improvement in 2017.

*NEWS SOURCE